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National Business
National Business
Shell to sell Alberta shale oil assets to Crescent Point in $900 million deal
CALGARY — Royal Dutch Shell is further reducing its exposure to the Alberta oilpatch with a deal to sell producing light oil shale assets there to Calgary-based Crescent Point Energy Corp. for $900 million.
Feb 17, 2021 3:51 PM
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CRA locks some online taxpayer accounts that may have been accessed by outsiders
OTTAWA — The Canada Revenue Agency says some taxpayers were locked out of their online accounts even though it wasn't the victim of a cyberattack.
Feb 17, 2021 3:49 PM
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Cannabis company Tilray reports US$2.9 million loss on US$56.5M revenue in Q4
Tilray Inc. managed to shave down its losses by more than $200 million in its most recent quarter, as it prepared to merge with rival Aphria Inc. later this year.
Feb 17, 2021 3:14 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (18,374.78, down 117.94 points.) The Supreme Cannabis Co. Inc. (TSX:FIRE). Health care. Down three cents, or 8.
Feb 17, 2021 2:26 PM
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WestJet hires first chief medical officer
CALGARY — WestJet Airlines Ltd. says it has hired its first chief medical officer. Dr.
Feb 17, 2021 2:08 PM
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S&P/TSX composite falls on broad-based decline led by technology, materials sectors
TORONTO — Canada's main stock index sustained its weakest performance in more than two weeks as strong economic data stoked fears of higher inflation.
Feb 17, 2021 1:57 PM
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U.S. deep freeze weather boosts Canadian oil and gas producer profits and prospects
CALGARY — Canadian oil and gas producers are banking higher profits as unusually severe winter weather sidelines U.S. rivals this week and drives up demand and prices for their products.
Feb 17, 2021 1:29 PM
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7-Eleven's in-store alcohol plans are a new take on old model, restaurant group says
7-Eleven's plans to serve alcohol in Ontario may be hard for convenience store patrons to envision. But it is actually a new take on an old format, says James Rilett, vice president of Central Canada for industry group Restaurants Canada.
Feb 17, 2021 12:51 PM
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Fed officials expressed concerns in over slowing economy
WASHINGTON — Federal Reserve officials were convinced last month that the U.S. economy and job growth had slowed as coronavirus cases surged across the country, noting that the outlook is heavily dependent on the course of the virus.
Feb 17, 2021 12:34 PM
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TC Energy cutting more than 1,000 Keystone XL construction jobs as work halted
CALGARY — TC Energy Corp. is planning to eliminate more than 1,000 construction jobs related to its decision to halt work on its Keystone XL pipeline expansion project. The company suspended work on the project Wednesday as U.S.
Jan 21, 2021 6:58 AM
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